Interesting learnings for Canadian Bitcoiners yesterday.

#Bitcoin cannot be used for a down payment in Canada if it comes from self custody unless it's been in the fiat system as CAD for 90 days or comes from some other legacy investment vehicles like TFSA, RRSP or a trading account.

RRSPs cannot be touched if a person claims bankruptcy if the money has been in there for over a year, but they will expect you to sell your self custody Bitcoin if they know about it.

For pre-approvals, Bitcoin will not count towards a mortgage even if it's been sitting on chain for that 3 months and if it's pretty clear where it came from. It's like a black hole.

#Bitcoin and fiat don't mix.